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Colibri Resource's Evelyn Gold Project is Gathering Major Attention as Significant New Discovery Potential
(via TheNewswire) March 24, 2020 - TheNewswire - MONTREAL, QUEBEC - MomentumPR...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Resource's Evelyn Gold Project is Gathering Major Attention as Significant New Discovery Potential(via TheNewswire)\n \n \nMarch 24, 2020 - TheNewswire - MONTREAL, QUEBEC - MomentumPR's client Colibri Resource Corporation, is listed on the TSX Venture exchange under the symbol: CBI (TSXV:CBI) (OTC:CRUCF). \n\n\n \nMomentum PR is pleased to have produced an informative and comprehensive report on Colibri Resource Corporation, available here - Momentum Report - Colibri Resource.\n\n\n \nColibri Resource Corporation Highlights\n\n\n \n\n\n- The company currently has five promising exploration properties at various stages of exploration in the Sonora Gold Belt. The Evelyn Project is the Colibri flagship exploration project located in northern Sonora.\n\n\n\n- The state's mineral-rich area is home to miners such as Fresnillo - Mexico's largest gold producer and the world's leading silver producer.\n\n\n\n- The El Mezquite 180-hectare site has the potential to host low grade/large tonnage deposits with high sulphidation mineralization. Of 321 rock chip samples, 42 showed high values of >0.10 g/t Au and up to 3.41 g/t Au & 198 g/t Ag. \n\n\n\n- Pitaya is located on the Caborca Orogenic Belt in northwest Sonora, an area known for its gold-rich quartz veins. Exploration just two kilometres east at Fresnillo's Tajitos Project has identified a minimum of 400K Oz.\n\n\n\n- Colibri has received the required drilling permits and recently contracted Major Drilling for its maiden drilling program at its Evelyn gold project located 60 kilometres northwest of Caborca, Mexico. The drilling may commence as early as next week.\n\n\n\n \n \nColibri Resource Corp. (CBI:TSXV) is a Canadian junior formed explicitly \"to acquire and explore historical mining districts in Mexico.\" Colibri's five Sonora properties are located in or near a free-trade zone, which facilitates cross-border movement and general business. The properties enjoy ease of access, well-developed infrastructure, an available pool of skilled labour and a large degree of common logistics, owing to the sites' relative proximity to each other. \n\n\n \nThe Evelyn Project considered a significant new discovery opportunity, enjoys open pit potential and contains free gold in oxide ore type, with orogenic mineralization. Buoyed by the gold project's prospects, the Canadian min...